Bitcoin Forum

Just want to know how likely to get this:

https://www.bitaces.me/  :(

http://i.gyazo.com/5d8ce25d25bcffbfe5ca11593305affd.png

the chance is 0.0434^3 isnt it?

oo my goss  :(
deep condolence
and hope next day you get more lucky to bet

You should have bought a nice Xmas present with those. It's more bitcoin I ever had.

thats not too much nowadays it like 120$

Whenever you gamble, my friend, eventually you loose.

Talk about unlucky but gambling is what it is. The sun sometimes shines.

pls bet with your money how u can control. martingale is very cool for u

What site is that?

Is that site also part of another one? I think bitdice or something like that?

did you understand what you have written?

Paid Sig Campaigns have really led to a lack of quality in posts these days.

I lost BTC0.35 earlier this year in a Ponzi money doubler and I vowed never to gamble again.

Gambling depends on luck better to avoid high value bets. Bet small amounts and stick to strategy or leave gambling.

Yes you are right. When ever you play Bet Small Amount. If you loose them no worry. Its your luck  ;D

gambling tend to end like that. u win some at first and get excited and lose it all in few bets.
you should not gamble money u can't afford to lose.

Bad luck mate, why you went from  0.05 to 0.3?

Although, there is no strategy when gambling is concerned but you increased bets too fast imo. No offense.

:3.. sorry.. i'm very interested in this section.. because i lost so much money because i'm out of martingale
P/s: I mean that "martingale" is make him lost and i lost "n" in it... Poor him..

Martingle not perfect. If you can rich by martingle, no gambling site are open now

dont bet my friend
dont bet
just save your money its best investment method

thats a cool site. wish more peple would play there

Meh Directbet poker is better tbh, more choice of freedom when it comes to the cards you can choose.

Just my 2 BTC  :D

Yeah it was really unlikely that all of those bets would lose, but unfortunately everything is possible.

yeah..it's good for people pro like you and can win more & more

But for me, if I got played there, I'm gonna busted in no time

just like OP  :(

That how casino operate. Some people will win and some people will lose

really sick that hit the turn lost  :(

just another bad day mate.. you can get it back :)

the site is - bitaces.me

Feeling sorry for you.

This is very usual. At least this happens to me all the time when i play on pd.
to win, you just have to have luck on your side. People loose 10times in a row on 0.1x and couple of days ago a person won on 9900x on pd in his first bet. Its all luck and what happened with you is usual.

God bless u.. pls careful at next bet :).. i really hate betting ;)

People will start playing when you start playing and spread the word, wishing wont do any good.

I see, your name is casinobonus and you hate betting.
ever played on a dice?

i think he is supporter or some casino site?

That's a bad luck, a friend of mine was even worse, he lost 1 BTC in his first bet (98% chance dice).

Just stop gambling or play it just for fun, it won't make you rich

lol. So why will a supporter or a gambling site say that he hates betting?
Stoned?

 
have you ever been to primedice and heard about a guy named hufflepuff?
If not, then go to primedice and just type in the chat box, " u:hufflepuff" , see his stats, you might change your statement then

wow his profit is 2,037.91993991 BTC
u didnt must hate dice lol :)

i don't think so
martingale is a good system, i like it too
But it's a very dangerous method for gambling
You will lose all of your balance with martingale..

Chance of losing that 1.3121x bet is 24.55%.
Chance of losing 3 such bets in row is 1.48%. It is unlikely to happen, but not impossible.

I also like their all-in poker where you can choose both user´s an site´s hands.
I do not know does bitaces game allow to do the same. 

Where do you get 0.0434?  ???

I think the probability of loosing three times in a row in dice game is as same as loosing in this game. The only difference is that you are not able to get your head around this game and feel that dice is easy and hence you find you have more chance of winning there, but its not like that.

1 lose probability is 0.0434 so 3 reds will be 0.0434*0.0434*0.0434 am i wrong?

Bad luck mate :/

try another poker site maybe some thing fishy in this site that you lost continuous 3 times  try your luck

Lost again on its other site. bitdice. :(
This one is more probable though. :(  I can accpet this.
0.25 at once. And I quit gambling.

http://i.gyazo.com/798c35c41b7f670c76cdaeb316d7ce8d.png

http://i.gyazo.com/943543c74872b6c82e69967500b001e9.png

thats what you get for gambling after big loss

in the future, just place small test amounts.

thats what i would do, but since you lost a siginificant amount. Just call it a day, and dont play until you have a stop loss amount.

For me, I stop any time I lose like 0.01 or max .1 as a stop loss. That tells me that i dont get the game enough to bet and keep going.

read the picture  1.3X  but still can not  win
really bad luck you are

thats my balance x100

Easy to say, hard to do :'(
Good luck to you, anyway.
I have not seen nothing extraordinary in your loosing streaks. Just bad luck.

You can always hedge your balance into smaller increments before doing those crazy bets.

As for quitting gambling, its nice to hear but most usually just come back if they see a small win. And then the cycle returns on gambling again.

welcome to gambling !

That can happen bro dont worry.  :-*

Gambling can make you lose everything, never put all your money into Gambling.

I suggest to reduce the risk amount with smaller until you get the game, and pre-roll helps so much.

Ah, the fun of gambling. Was it the greed that kicked in?

Good luck in future xd
You got my bad luck.

I'm curious to know how this site works. Most of the gambling sites I've seen were dice sites like Primedice and Just-Dice with a fixed house edge. I am guessing from the picture and a quick look at the site's description that this is a poker site? Isn't poker a skill-based (as opposed to pure luck-based with dice sites) game and thus, it should be possible to overcome the house edge and make a consistent profit if someone is skilled enough?

According to me, Primedice is best gambling site.

Lol... That is bad luck for sure.

No big wages for you any more ;)

I feel you.  :( Lost around 0.22 BTC just last November.

Yes, sometimes you can loose in that way. To make some win, you can start with some small bets - let say 7 - 9 bets and then look how the win/loose look like, and the continue with your own strategy  ;D

Take your loss and move on. The worst thing you can do now is try and recover from the loss by putting more BTC in. That is a sure way to get broke.

Dont sulk on the past poor bets you made, just learn from it.

Take it as a lesson to not bet huge until you get the pre-roll wins or something, then consider a small dip but not like what you did before.

He deposited it into a ponzi...He should of seen it coming.

Oh, bad luck ! I'm sad for you, but you have to play more slowly if you want to win something of good. Try the next time and change dice sites if you don't trust in it :)

casinos scheme is clear, so better save your btc or gamble on small amounts..

Sorry for your loss. I don't really understand your strategy (.05 then .3 and .05)?

Honestly what do you expect. Your odds aren't even that great in the first place. I don't understand why you would even start a thread about this.

There are people losing 15 times in a row.

Why you use martingale & low multiplier
You doomed to be lose of you use martingale

But, that's pretty normal
Most people lost about 10 times in a row  :(

$120 is a lot bigger compared to my bitcoin

that .3 bet is a bit absurd though.

why take a huge stab at something, when your can you reduce your risk in small amounts until you get the hang of the game better.

I think if you lay off betting bigger amounts you`ll be fine.

But, also just gamble what you can afford to lose, like losing the .4 you can make it back by selling something etc.

That's why you don't do big ass bets :( sadly. Anyway learn from this mistake, always bet small :p especially if your losing... i find gambling seems to be streaky.

If you play like that, you mind as well do 90% and bet .4 btc. maybe win like 2-3 lines then quit per day.

Its okay, mistakes happen dont focus on it too much or you can win it back if you play it smart.

That really sucks.

You are just lucky btc rate is not like $1,000 or anything or else that would of been $400.

I've done this, just try to win a little then quit, and you're ahead.  Maybe invest, if keep gambling you have to lose sometime.

Yeah..!! even I gamble a lil n try to invest it into something.!! but I dont like the 90% full br in..idea.!! My luck pretty much sucks.!! I am pretty sure I would have lost 0.4 in first 10 tries. @ 90% n would have been left with pennies then.!

anyone who does 90% is asking a death wish. All gone on one roll.. its better I think to just do 50% game and pre-roll till you are confident.

Too bad for you mate, but it's pretty likely to happen after some bets - the first 3 isn't too likely though but numbers have no memory.

just remember theres better games out there to play outside from this. Try poker, i think it has better odds.

May be that site owner just started this website to only get profit himself not to the players who will play on his site.

That's too bad
At least you lose your BTC when the price still low

Maybe next time you have to use more safer strategy  ;D

if they had that mind set I dont think he`ll close the website down really soon. there would be a service discussion thread, about a scam and thats when all the players pretty much run.

Betting can be streaky.  Maybe you should reconsider the betting strategy.  If you lose more than you were willing to in the first three hands then that tells me your strategy wasn't really in order.  Always start small and be very patient.  Gambling is NOT a get rich quick scheme but you can do very well in the long run if you pace yourself and play smart.

Take a step back in gambling based on what I see.

Its very easy to lose everything you earned, long hours of work what you lost. Unless you make that in a day or less, then no big deal. I would just take a break from gambling though.

Thats pretty true. When btc prices are low, its a faster recovery for most.

But when its high like the good old mt. gox days when btc value was $1,000 .1 being $100 is fuken crazy.

Learn the lesson, bet only the money you can afford to lose, never use martingale unless you have infinite amount of money to bet

No one can martingale period. It takes an enormous amount of balance, to keep on doubling on each time per loss until you hit a win.

The house edge means that the site is already designed to make a profit for the owner and a loss for the players.


Satoshi could probably use his enormous balance to martingale and win on any dice site. Even PD wouldn't stand a chance.

ouch  :o

It's not that uncommon to hit a loosing streak like that even at that type of multiplier. Be sure to verify your bets if you aren't sure but this does happen all the time. Just weren't lucky this time.

House edge can really fuck us over. And this is just a illustration of that, if you dont know then now you do.

But if its Satoshi, I think he would just be smart not wanting to gamble in general lol.

Just holding is enough.

ouch is right.

Now imagine if the btc value was extremely high. That would be a ouch like wtf moment ouch.

Best thing to do is practice some common sense. :P
Having a job will likely get you much more money than gambling ever will

Well said bro. But gambling is also the short cut to make money in less time by taking some risk. If you win , then collect all those money and spend them. 

gotta use better risk management than that. statistically, you're bound to go broke that way. (well, statistically, you're bound to go broke playing against the house anyway)

its because most just increase their wager to try on making it back on the next bet.

if people bet smaller increments and built their balance then thats the only risk management.

Dont gamble with what you cant afford to lose, you have to be pretty rich to chuck 0.4 away for fun like that.

0.4 isn't that great of a deal, I mean, it is worth like 100$ at this point of time but when BTC was on 1000+$ this would be a huge shame :P
Why are you not betting with like 0.025BTC at a time?

exactly. the way to recover losses is not to increase the risk, but most bettors do exactly that, and go broke all the quicker. it's sad, but that's the gambler's way. :P

Yeah, but even though we know common sense.

Self control seems to be the big issue here if anything.

By the way, martingale doesn't help if house has the edge. You will lose eventually. There are martingale simulations online you can run to see this yourself. I even tested on primedice with their free btc you can get there.

And how many gamblers have forgotten to take their wins when they were still in green numbers and they lost in the end?
Risk is fine, but taking into account probabilities and house edge, you have to lose in the long run.
I think sethminer14 got it right, and I also would suggest following his hint. Really.

I seen bigger loss then this, like -3 btc in first 3 bets. But yeah the feeling of a loss is all too common.

Just lower your principal and then you wont have to feel like crap.

Its good to understand you saw your mistakes or within this loss.

But do not let it cripple you from gambling again.

if u decide playing any gambling
you should look your tat money to losing money
and you should play with small prize for you..

Don't gamble. You're more likely to lose than win (otherwise there's no profit for the house).
Best to just stay away. Count yourself lucky that it wasn't your life savings and learn a lesson the hard way.

Oh my God!
I'm shocked... :o

ouch  :-\

Shocked for what exactly?

Gambling ??
had no time anymore.

I'm invest $2,500 USD get profit $8,000 USD within 2 days.
Real and really amazing here : http://imgur.com/wXFGSpZ

 8)  8)  8)

That's really good you made 5500$ profit, What kinda website is that ponzi?

I cant really see that well for your image, but it seems to be a trading plateform? it states "buy" and "sell"?

Change your principal balance and earn your way up there, so you wont have to lose an enormous amount.

Yeah, but not everyone is like you though lol. Most want more and they continue to play.. which screws them over hard.

Then go through a emotional phase.. then it becomes anger lol.

If that ever happened to me, I would just play something else.

I rarely heard of that site alone..